Sri Lanka Cricket’s legal costs soar as revenue declines – report

Sri Lanka Cricket’s (SLC) revenue took a sharp dip in 2020 following the cancellation of as many as six inbound tours from the seven listed due to the pandemic. But the Board’s legal expenses during the year skyrocketed with annual accounts reporting fees paid of Rs114mn.

This figure is a 114% increase compared to the 2019 financial year, where the Board’s legal expenses were Rs 55.7mn. The financial statements reveal that SLC has involved in 30 litigations during the year in question. They have reached settlement in six of these.